Judge Approves $75M Settlement in Eggs Antitrust Litigation
U.S. District Judge Gene E.K. Pratter has signed off on a $75 million settlement from Michael Foods, a subsidiary of packaged food producing giant Post, to settle claims against it in the egg antitrust litigation in federal court.
November 21, 2017 at 10:04 AM
4 minute read
The settlement, reached nearly a year ago, was given final approval on Nov. 17 by U.S. District Judge Gene E.K. Pratter of the Eastern District of Pennsylvania, the presiding judge in the litigation. The class action, brought by direct purchasers and suppliers of eggs, continues against other defendants.
“The proposed settlement agreement is fair, reasonable, and adequate. Accordingly, the court grants plaintiffs' motion for final approval of the class action settlement with defendant Michael Foods,” Pratter wrote in her opinion.
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